Today I want to answer a question that is often asked by lots of young Nigerians I know:
They want to know whether to invest their time and money in MMM; or whether it is wiser join the AIM Global business.
This got me to do a lot of research on the subjects. I refused to let my judgment be clouded by the opinions of those who were either fanatics or foes of the business ventures.
So if you are one of those people that are asking this same question, then please read on....
Should You Join MMM or AIM?I will first of all ask you to consider the following arguments:
1) Will your choice of one destroy your chances with the other?
2) Are you trying to build a long term career, or are you just looking for quick money?
3) What were your plans before you heard about AIM Global and MMM Global?
MMM Investment Opportunity
MMM requires that you log in with your mobile phone or email address. This is the same as most other websites including AIM Global. The only difference is that many of the mmm websites that we found on Google search sent us immediately to a login page without giving us any information whatsoever. Needless to say, this is something that our digital marketing experts find to be fishy. Also worth mentioning is that fact that our anti-virus software warns us against clicking on the link the mmm global website from Google search results page.
But other than this, MMM seems to be by far the more popular of the two in Nigeria.
It promises 30% on every amount that you pay to another person in the MMM community that "needs help". They describe MMM as a network that matches people who need help with those who give help.
But when you look at it properly, you will quickly see that the 30% incentive given to the "giver" makes MMM a quick investment opportunity.
MMM's popularity is based on this 30% investment opportunity. It is a fast way to make some quick cash, if you trust the MMM matching software.
AIM Investment OpportunityHowever, AIM Global is a different kind of investment opportunity that requires the investor to actively build his AIM business.Unlike MMM, AIM actually allows its distributors to sell health products, while it also incentives them to recruit new distributors through a multi-level marketing system.
AIM Global claims that its health products are produced by some of the top manufacturers of herbal supplements and vitamins in the US, Netherlands and Japan. These are namely Nature's Way, DSM and AMS Life Group, among others.
|AIM sells health care products, and therefore its distributors' wealth creation business model creates incentive to sell the products. The argument for this kind of business is the fact that it is sustainable.|
So Which Should You Join?
We cannot give you a simple this or that answer. But look at it this way, if you want to make a quick buck, and you got to read this post early enough, then perhaps MMM is the better choice. But you must keep 2 things in mind if you join MMM:
1. You must not be too greedy enough to not pay attention. That is that MMM may not be able to sustain its business model infinitely. At a point, MMM's givers of help may pull out of the process, then the system crashes.
2. Related to 1 above, MMM has currently frozen the accounts of all its members in Nigeria. They claim that this is because they needed to go on a Christmas break. This scenario has naturally led to great panic among many MMM members who have "given help" and are expecting to "recieve help".
It shouldn't take a genius to figure out how this in itself could lead to a collapse of the system.
AIM is clearly the better choice if you are looking for a sustainable business. We have met many people who have resigned from well paid positions in the banking sector in Nigeria because they worked similar systems with GNLD and Swissguarde products.
The only problem with this option is that it takes a bit of a while to start earning profit on your initial investment. It also requires you to be actively selling the products and recruiting distributors.
In fairness, people who engage in such MLM businesses like AIM and GNLD can actually even use MMM to generate the initial capital they need to start their AIM business.
|As you can see this image from Google Trends, showing the search rate for the past 4 months shows that MMM Global has a lot more|
Which would you recommend to your friends and family?
In fact, tell is if you think both of them are wrong for the African youth.
We would love to hear your take..... (use the comments below to Disqus)
Also check out other Digital Africa's posts that seek to empower the young African.